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Protein Binding Assays Market Trends and Updates 2020 - 2026 || Leading Players - Sovicell GmbH; Absorption Systems LLC; Cyprotex; Bioduro; Eurofins Scientific; ADMEcell, Inc.; 3B Pharmaceuticals; Biotium

01-17-2020 08:12 AM CET | Health & Medicine

Press release from: Data Bridge Market Research Pvt. Ltd.

Protein Binding Assays Market

Protein Binding Assays Market

Global protein binding assays market is expected to rise to an estimated value of USD 630.00 million by 2026, registering a healthy CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the growing volume of contract research organizations globally and the increasing applications of these compounds for development and discovery of drugs for the pharmaceutical industry.

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Few of the major competitors currently working in the global protein binding assays market are Merck KGaA; Thermo Fisher Scientific Inc.; GENERAL ELECTRIC COMPANY; Sovicell GmbH; Absorption Systems LLC; Cyprotex; Bioduro; Eurofins Scientific; ADMEcell, Inc.; 3B Pharmaceuticals; Biotium; Beckman Coulter, Inc.; Sartorius Stedim BioOutsource Limited; Bio-Rad Laboratories, Inc.; nanoComposix; Abzena Ltd; Abcam plc; GVK Biosciences Private Limited; Promega Corporation; Arrayit Corporation among others.

A comprehensive Protein Binding Assays market research report gives better insights about different  Protein Binding Assays market segments on which businesses are highly depending for thriving in the market. All the information, statistics and data included in this report has been collected from the truthful sources such as websites, newspapers, journals, white papers, mergers, and annual reports of the companies. This information is again tested and verified by the market experts before providing it to the end user. This industry report also offers such wide-ranging market information to explore practical growth strategies and recommendations.

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Market Definition: Global Protein Binding Assays Market

Protein binding assays are compounds which are used for the manufacturing of various pharmaceuticals as they are able to identify and provide researchers & scientists with invaluable information for the reactions between molecules. They also provide insights into the concentration of proteins present during a specific reaction between molecules. This information is important due to the detection of effects that protein will have on the consumer of pharmaceuticals being developed consisting of these proteins.

Segmentation: Global Protein Binding Assays Market

Protein Binding Assays Market : By Technology:-
Equilibrium Dialysis
Affinity Electrophoresis
Ultrafiltration
Ultracentrifugation
Surface Plasmon Resonance
Others

Protein Binding Assays Market : By Product & Services:-
Instrument
Kits & Reagents
Services

Protein Binding Assays Market : By End-Users:-
Pharmaceutical & Biotechnology Companies
Contract Research Organizations (CROs)
Consulting Firms
Others

Protein Binding Assays Market : By Geography:-
North America
Europe
Asia-Pacific
South America
Middle East and Africa

Protein Binding Assays Market Drivers:-

Focus on curbing the expenditure being incurred on the drug discovery and their manufacturing; this factor is expected to propel the growth of the market

Availability of various advanced technologies utilized for protein binding; this factor will drive the market growth

Increasing volume of expenditure carried out for advancing the technologies available for development of pharmaceuticals will also boost the market growth

Increasing incidences of drug failures during the latter stages giving rise to usage of better components and understanding of pharmaceutical development acts as a market driver

Protein Binding Assays Market Restraints:-

Concerns regarding various complications associated with technology available which is to be used in combination with these products is expected to hinder the growth of the market

Dearth of information and skills associated with utilization of protein binding assays globally; is another factor restricting this market growth

Complicated nature of standards present for the designing and development of assays will also impede the market growth

Key Developments in the Protein Binding Assays Market:

In November 2017, Promega Corporation announced the availability of “NanoBRET Target Engagement (TE) Intracellular Kinase Assay” which is the first available in the industry which can help in the quantification of inhibitor drugs binding with kinase proteins present inside live human cells. This assay is an advanced technology available for the identification of potency of kinase inhibitors in live cells

In March 2017, 3B Pharmaceuticals GmbH along with Sovicell GmbH announced the availability of a service designed for quantification of plasma protein binding capabilities of experimental drugs. “EScalate” is based on Sovicell’s proprietary equilibrium shift technology and this service will exclusively be provided by 3B Pharmaceuticals GmbH along with Sovicell’s reagents

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Opportunities in the Protein Binding Assays Market :-

To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders

To describe and forecast of Protein Binding Assays market, in terms of value, for various segments, by region North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)

Comprehensive quantitative analysis of the industry is provided for the period of 2020-2026 to assist stakeholders to capitalize on the prevailing market opportunities.

Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across Europe.

To get a comprehensive overview of the Protein Binding Assays market.

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About Data Bridge Market Research:

Data Bridge Market Research is a versatile market research and consulting firm with over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Our coverage of industries include Medical Devices, Pharmaceuticals, Biotechnology, Semiconductors, Machinery, Information and Communication Technology, Automobiles and Automotive, Chemical and Material, Packaging, Food and Beverages, Cosmetics, Specialty Chemicals, Fast Moving Consumer Goods, Robotics, among many others.

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